Top reasons to buy travel insurance

Why Buy Travel Insurance


Do You Really Need Travel Insurance?

We get asked this question a lot – you probably do, too.

The answer is yes. Many travelers think their health insurance or free credit card insurance will completely cover their out-of-pocket expenses should an accident or travel mishap occur. However, that’s often not the case.

Travel insurance is one of the most important items to pack for every trip – here’s why.

Health insurance doesn't cover everything

According to the US Department of State - Bureau of Consular Affairs, domestic health insurance may cover “customary and reasonable” costs overseas. However, they often won’t pay for a medical evacuation back to the US, which can cost upwards of $50,000. That’s where Travelex travel insurance plans can help.

Credit card shortfalls

Many credit cards provide some coverage for travel insurance. However, travelers often assume this insurance will cover everything – which is often not the case.

It’s important to check what coverage is available on the credit card as this can vary depending on the card type and can even cost additional fees to activate. Credit card companies often have a number of conditions in order for their insurance to apply. For example, the traveler may have had to pay for the entire trip using that credit card. For higher benefits coverage, consider purchasing a specific travel insurance plan with Travelex.

Protect travel investments in case of cancellation

Travelers often spend thousands of dollars on their vacation, and the last thing they want to do is cancel their trip, or lose the money invested. If plans change unexpectedly, travel insurance can help reimburse the costs of the canceled or interrupted trip for covered reasons.

At Travelex, our Ultimate plan also offers optional upgrades such as ‘cancel for any reason’ and ‘cancel for business reasons,’ which can help protect travelers from additional unforeseen circumstances.

Medical expenses and 24/7 emergency assistance

Even healthy travelers can suffer from an unexpected illness or injury on their adventure. Medical issues while traveling are some of the most stressful experiences – particularly if traveling remotely without easy access to healthcare – and the cost of seeking medical care abroad can quickly add up.

Your customers’ health and safety are our top priority. At Travelex, our plans offer coverage for emergency medical and dental expenses if a sickness or injury occurs on the trip.

With 24/7 global assistance, our assistance provider can arrange emergency medical evacuation to a suitable hospital, help returning home if medically necessary, and repatriation.

Protect personal belongings

A trip to the beach isn't much fun without a bathing suit. Neither is having a wallet stolen while abroad.

At Travelex, we go above and beyond to help travelers. Our plans can help reimburse covered travelers for items that are lost, stolen or damaged and reimburse the costs of buying necessary items that might be required until their baggage is returned.

Travel assistance services

Our 24/7 travel assistance team is here when you need them most, helping with emergencies.

We care about the moments that matter while travelers explore the world. And if something goes wrong on the trip, it helps to have travel assistance professionals on your side.


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The product descriptions provided here are only brief summaries and may be changed without notice. The full coverage terms and details, including limitations and exclusions, are contained in the insurance policy or Description of Coverage. Coverage and rates varies by state. For plan and coverage questions please contact Travelex at 1-800-228-9792 or email at [email protected]. If there is any conflict between the contents of this website and the Policy, the Policy will govern in all cases. Travel Assistance Services are provided by the designated provider listed in the policy or on your Confirmation of Coverage.

Travelex Insurance Services, Inc. 810 North 96th Street, Suite 300, Omaha, NE, 68114. CA Agency License #0D10209.